Long on the green train to profit city.
1. Set support and resistance zones in red on weekly chart extremely strong reliable support and resistance. backtest and see how many times each red support and resistance line been tested.
2. Drew additional support and resistance lines in blue, showing very strong support and resistance again, Back test and see how many times it have been tested and held strong.
3. 4Hr. chart trend lines were drawn in green. I drew from the recent high and connected the next high and high low. The next trend line went from the leg of the "W" were price went bullish connecting that to the low low and the recent low high creating a channell to follow.
4. Consolidation zone have tested the Pink resistance line that have beenn tested and held many times. This is going to be a bullish.
2. Drew additional support and resistance lines in blue, showing very strong support and resistance again, Back test and see how many times it have been tested and held strong.
3. 4Hr. chart trend lines were drawn in green. I drew from the recent high and connected the next high and high low. The next trend line went from the leg of the "W" were price went bullish connecting that to the low low and the recent low high creating a channell to follow.
4. Consolidation zone have tested the Pink resistance line that have beenn tested and held many times. This is going to be a bullish.
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